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20100101
20100131
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. >> thanks, maria. here's what's making news as we head into a new week on wall street. washington and wall street are not exactly the best of friends these days. president obama is asking for a tack on the nation's 50 largest financial instewings to pay back the bailout of wall street. the proposed tax on banks, thrifts and insurance giant would start after june 30th and would raise an estimated $90 billion over ten years. that came after bank ceos faced tough questions on executive pay and the failure of regulation before a bipartisan commission in washington. that commission looking into the causes of the financial crisis. the market shrugged off the noise from washington, closing at a 15-month high on thursday, but on friday, the markets fell. we are just heading into earnings season with dow components intel and j.p. morgan chase, beating analyst expectations this week while alcoa missed. and it's a battle of the titans with google taking on china. the search engine threatening to pull out of the biggest market in the world because of internet censorship. so can there be any winners in
. >> washington loves the shake-up story. that's not how we roll. >> what does it mean for health care reform two days before the state of the union? >>> and, two teams are super bowl-bound. >> this is a dream come true. >> the slate is set for a rendezvous in miami. it's monday, january 25th. >> from abc news, this is "world news now." >> some happy football fans this morning in indianapolis and new orleans. a lot of long faces though in minnesota, and here walking the streets of new york a lot of depressed folks. >> a lot of people in -- i want to say purple. in green over the weekend. the jets fans here, i saw them all over the street chanting and yelling. >> there's always next year. >> yes. >> i'm from chicago, i know that phrase very well. good morning, i'm eric horng, jeremy hubbard is on assignment. >> i'm vinita nair. >>> we are following breaking news out of the middle east. >> an airliner with about 90 people on board has crashed into the mediterranean sea. it happened moments after taking off from the beirut airport. >> these are live pictures for the search of wreckage in progress. a
street? >> that is a very unclear message being sent by washington. it certainly looks as if bankers, financial industry is being vilified and penalized and so how do we know? we also know that this is a government which has a huge deficit. we borrow in the trillions every year which means we've got to find ways to raise money any way we can and get it through a congress because that's what it takes to raise money. so i think we'd probably have a combination of both. >> all right. michelle, do you agree? and is there a bottom-line impact to the economy or the markets by this? >> i agree it's a little of both, but let's face it, wall street is a very easy target. the banks have paid back their t.a.r.p. funds. the treasury made money on it. what now needs to be repaid is the money for the auto bailout for the gses and the financial institutions are being forced to bear the burden of that in a punitive way. and i do think for populist reasons. i think there are implications for the economy, when you have the administration sort of levying taxes in a punitive and ad hoc way. it just gene
with news coming out of washington, wall street and davos as well. joining me now to talk about all of the news and go from here and the economy, laura tyson and ken rogoff. good to have you on the program. you've been in panel, talking with a number of participants here. what's the mood. how do people feel? >> i think there's a lot of, i guess, cautious optimism but quite cautious. there's a sense we're not entirely sure. if you think what a lot of the policymakers have been saying over and over again for the last six months we'll be ready to exit when it's time. there's evidence today that we expected to be strong but much stronger than expected. the evidence is mounting that things are getting better, stabilizing, but still there's a lot of caution. >> the same thing. i was surprised by it because i came here expecting people to feel it's over and we're rolling ahead. what i wasn't hearing was a lot of plans of people, when you ask what their business is. they said not until we see more demand and they say they are not, many were. it was on hold. a more sober tone. >> we did get
and battery-powered engines including the 36-inch wide tango, an all-electric vehicle made by a washington state company named commuter cars. it sel for $150,000 and one of the very first tango purchases was made by google co-founder sergei brynn. carmakers are planning that alternative engine vehicles will soon make more than their current 3% of the market. that will do it for us today. thanks so much for being with on the program. next week join us. we'll have the power of the purse we're looking at. a special look at women and the u.s. economy. each week keep it right here where wall street meets main street. have a great week, everybody. i'll see you again next weekend. >>> small miracles. nearly six days after haiti's major quake, people are still being pulled from the rubble alive. but they are the exception. >> what do you need? >> if possible medicine. >> the need for aid is swelling beyond haiti's borders with people spilling into the dominican republic. haitians aren't the only ones leaving. >>> and on the stump. the president's effort to save ted kennedy's senate seat. >> if you
washington. >> reporter: in yemen, security forces step up training in their fight against al qaeda. >> this is a real threat. this is an imminent threat that is coming from the al qaeda arabian peninsula area. >> reporter: the top u.s. commander in the middle east traveled to yemen. he met with the president, promising $140 million in aid, double the amount from last year. the move won republican support. >> the increased assistance that we are providing to yemen is absolutely essential. >> reporter: in 2009 alone there were three attacks in the u.s. with links to yemen. the muslim convert who killed a u.s. army recruiter in little rock, arkansas. the ft. hood shooting in texas. and the christmas day attack on a plane above detroit. >> every one of those three is connected in one way or another to yemen. so we've got to focus there preemptively. >> reporter: deputy national security a
Search Results 0 to 5 of about 6